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BANKS OF NEW JERSEY, The banks of New Jersey show a slight increase of capital compared with January, 1859. The surplus profits on the average are about eighteen per cent. The following is a summary for January, 1859 and 1860, and April, 1860 :
FINANCES OF AUSTRIA. The income of the Austrian empire steadily increased from 1831 to 1846 from 121,000,000 florins to 153,000,000 ; and since 1836 there always remained some surplus for paying off old scores. But in 1847 there was a deficit of 42,000,000. In 1848 the deficit rose to 58,000,000, and in 1849 to 143,000,000. The new organization of the empire was proclaimed at that time, with the following results:- The Civil List rose from 6,338,000 in 1850 to 9,100,000 in 1858; the expenditures of the Home Ministry, from 16,000,000 to 26,000,000; of the Finance Ministry, from 16,000,000 to 25,000,000; the Department of Justice, from 10,000,000 to 18,000,000; Public Instruction and Worship, from 3,500,000 to 5,500,000; Public Works, from 12,000,000 to 18,000,000 ; the Police, from 5,000,000 to 10,000,000 a year. The army expenditures are rather instructive. Before 1846, the War office absorbed about 52,000,000. This sum rose and fell in the subsequent years. as follows:In 1849.
165,000,000 Hungarian and Sardinian War. 1850..
State of siege in Hungary. 1851..
Turkish War. 1855..
101,817,000 The expenditure of 1859 does not appear as yet in the official returns, but it cannot be put down at less than 250,000,000 to 300,000,000. Thus the army costs, under the new system, within 11 years, 1,800,000,000, without leading to any greater result than to the loss of Lombardy, in a campaign of oply ten weeks'
duration. During the same period, the interest on the public debt rose from 60,000,000 in 1851, to 96,000,000 in 1858. And the sum total of the deficits from 1848 to 1859 amounted to the enormous sum of 1,181,303,496 fiorins ; or, in round pumbers, to $590,000,000.
Accordingly the direct taxation was raised from 47,000,000 in 1847, to 94,750,000 in 1858; the indirect taxation from 95,000,000 to 152,000,000; the public debt from 1,000,000,000 to 2,500,000,000 forins. To complete this pic. ture, we add that paper money to the extent of 463; millions, is the only circulating medium, which is now at a discount of 32 per cent.
BANK OF THE STATE OF INDIANA. We have received the statement of the Bank of the State of Indiana for the 30th of June, 1860, as submitted to the managers at their meeting at Indianapolis. We compare the leading items with the exhibit made at the corresponding date last
UNITED STATES COINS. It appears from official statements recently published by the authorities of the United States Mint, that new regulations are in operation concerning the circulation of master-coins and trial pieces at the mint. The following extract is taken from the official report :
The master-coins, which are struck from polished dies, and with extra labor and care, have hitherto been given out at their intrinsic value. In view of the great and increasing demand for these coins, it is deemed not just to the public service that so much labor should be given away. In order to cover this expense, and to put it in the power of any individual to obtain these coins on equitable terms, the set of gold coins, whose intrinsic value is $41 50, will be given for $43, and the set of silver coins, with the cent, whose intrinsic value is $2 02, will be given for $3 ; but person or institution shall obtain more than one set of said coins. The excess beyond the intrinsic value of these coins thus delivered, will be paid into the fund for defraying the expenses of the mint, and be accounted for in like manner as other funds placed to that account. The object of the circular respecting the formation of a “ Washington collection” at the mint, bav. ing been in a satisfactory manner attained, and most of the pieces of the American
series, heretofore wanting in the mint cabinet proper, having been supplied, it is deemed inexpedient to make any further exchange of pattern or trial pieces.
The directors of the mint would be glad to gratify the taste of coin collectors by supplying them with these pieces, if it could be done on equal terms to all applicants; but as this would involve the necessity of making a large issue of such pieces, and be productive of a serious inconvenience to the officers of the mint, no better alternative seems to present itself than to decline to give out any of such piece. Hereafter, therefore, the only specimen pieces that will be given out of the mint, will be the master-coins of the current year, commencing with the year 1860. These will be prepared for delivery as soon after the commencement of the year as the business of the mint will permit.
A goodly number of these master-coins bave already been received in New York by persons curious in these matters, and they are really worthy of close inspection. The workmanship and brilliant polish excel the coins of France and England, and they are worthy a place in the cabinet of every gentleman.
THE JAPANESE CURRENCY, The following is the official certificate of the results of the analysis taken at the mint in the presence of the chief ambassadors. It was furnished to the envoys by Superintendent SNOWDEN :MINT OF TIIE UNITED STATES, PHILADELPHIA,
June 14, 1200. For the satisfaction of their excellencies of the Japanese embassy, the undersigned, Director of the Mint of the United States, certifies to the results obtained by assay of gold coins of Japan and the United States, made in their presence by the proper officers of the mint.
One cobang weighed 138 21-32 grains, and the gold extracted from it weighed 79 10-32 grains.
One other cobang weighed 138 10-32 grains, and the gold extracted from it weighed 79 5.32 grains.
One other cobaug weighed 139 9-32, and the gold extracted from it weighed 79 22-32 grains.
So on the average of these three, the cobang contains 793 grains of gold, which makes the proportion of fineness 572 thousandths. This result agrees so well with our report of assays made in our usual way, (by taking only a half gramme, or about 74 grains.) that we trust it will give additional contidence to the embassy in our regular method of assay.
A gold dollar of the United States weighed 25 26-32 grains, and the gold extracted from it weighed 23 7-32 grains, which agrees as nearly as may be to 900 thousandths, our legal standard.
Therefore. for comparison, the cobang contains 793 grains of gold, and the dollar contains 23 7-32 grains of gold. But it will be more strictly accurate to say that the proportion of gold in a cobang is 572 thousandths, and in the dollar 900 thousandths. It is necessary to add that the average weight of the gold dollar is 25 8-10 grains by law, which is a more exact basis of calculation than the single piece, which weighed 25 812-10,000, and was therefore a little too heavy.
The silver being extracted, with the necessary allowance for absorption, showed almost 59 grains of silver in each cobang, and the copper was only 12-32 of one grain in each cobang.
To recapitulate, the average composition of the cobang is as follows, in grains :
138 21.32 JAMES BOSS SNOWDEN, Director of the Mint.
STATISTICS OF TRADE AND COMMERCE.
VIRGINIA FLOUR TRADE. The crop year having closed the Richmond Whig bas published a table of the Virginia flour trade. This has peculiar interest this year when the prospect is of a reviving foreign demand. The following is a comparative statement of the receipts of wheat in bushels, at Richmond, for four years past :Year ending
By canal & railroad. By dock & river. Total. June 30, 1857.
1,396,750 300,000 1,696,760 30, 1858.
1,829,582 446,346 2,275,928 30, 1859.
1,504,336 472,834 1,977,170 30, 1860...
1,851,782 496,530 2,348,312 Increase in 1859-60, as compared with the previous season, 371,142 busbels. The following table exhibits the details of this increase, by caval and railroads:
Virginia Richmond Richmond Richmond
and By canal.
Railroad. Railroad. Fred'ksburg. Petersburg. 1856.
623,733 278,209 395 444 46,818 19,850 1857...
603,703 356,807 339,280 73,188 23,772 1958..
856,134 458,814 387,840 111,774 15,020 1859.
743,427 363,574 299,803 90,352 7,179 812,844 461,968 462,428 103,550 10,992
and the pro
69,417 98,394 162,625 13,198 3,713 The receipts of wheat, each quarter, during the past three
years, gressive aggregates during the year just ended, were as follows :Quarter ending
1857–58. 1858–59. 1859-60. 1859–60. September 30...... 872,605 1,084,904 1,123,204 3 mos 1,128,204 Deceniber 31... 681,723 656,074 887,767
2,010,971 493,406 187,342 265,269
2,276,230 June 30
228,194 48,850 72,082 12 2,348,312 This table shows that in 1857–58, with a large yield, only about two-fifths of the crop were delivered during the first quarter, while in 1858–59, more than one-half was delivered in the same time, and last year, within 52,000 bushels of one-half.
A large portion of the wheat received by the canal is forwarded from Lynchburg. The following table will indicate the quantity contributed to this market for three years, from the southwest, by canal; from central Virginia, by canals and railroads; and from the lower counties, by the river :
1857–58. 1858-59 1859-60. Total canal receipts....
856,134 743,217 812,844 From Lynchburg...
327,655 393,002 308,067 From east of Lynchburg...
528,479 350,245 454,777 Receipts by railroads
973,448 760,909 1,038,938 From central Virginia.
1,501,927 1,111,154 1,493,715 Receipts by river...
446,346 472,094 496,530
1,948,273 1,583,988 1,990,245 These figures may be regarded as indicating the relative proportion of the yield of the three seasons, in eastern Virginia.
The coastwise exports of wheat from this city, during the three past seasons, Fere as follows:
1857-58. 1858-59. 1859-60. From the dock...
101,469 85,171 126,779 From Rocketts..
COMPARATIVE STATEMENT OF THE INSPECTIONS OF FLOUR IN RICHMOND DURING THE FOUR YEARS ENDING JUNE 30, EACH YEAR.
1857. 1858. 1859. 1860. Family
5,163 4,761 5,698 8,291 Extra
17,265 12,100 12.031 19,738 Superfine,
407,386 524,279 456,757 503,264 Fine...
12,357 15,117 12,488 14.562 Middlings..
48,613 50,356 51,729 63,456 Condemned..
6,460 6,528 3,444 2,459
497,244 613,141 642,177 611,770 Increase, as compared with 1859, 69,593 barrels.
The Legislature, at the last session, amended the inspection laws, so as to exclude from compulsory inspection flour shipped to foreign ports in Virginia vessels. Important results are expected to flow from this measure, but, as yet, none of the millers, we believe, have availed themselves of the provisions of the law. COMPARATIVE STATEMENT OF THE INSPECTIONS OF FLOUR, IN THE PRINCIPAL CITIES AND TOWNS OF VIRGINIA, DURING THE FOUR YEARS ENDING JUNE 30, EACH YEAR.
1857. 1858. 1859. 1860. Richmond...
497,244 613,141 542,147 611,770 Alexandria.
77,140 86,528 61,331 77,013 Petersburg..
100,747 74,395 60,831 99,285 Lynchburg...
53,820 57,277 60,385 71,785 Fredericksburg.
28,552 41,882 24,637 36,317 Norfolk..
20,947 23,439 32,688 27,567
779,450 896,662 772,019 913,037 Increase, as compared with 1859, 141,018 barrels.
The exports of four from Richmond to foreign ports, direct, during the past four years, ending 30th June, were as follows :
1858. 1859. 1860. To Australia, .......
68 British provinces..
11,218 15,999 15,216 21,080 Liverpool
20 South America....,
166,295 236,581 231,067 218,859 West Indies...
189,308 291,131 246,371 254,787 The value of the foreign exports, last season, was $1,894,204 ; in 1858–59, $1,824,950.
A portion of the above was shipped from the Manchester mills, but most of the flour exported from Richmond is pat aboard the vessels in the dock. The aggregate shipments from the dock, foreign and coastwise, last year, was 471,011 barrels; in 1858–59, 425,975 barrels ; and in 1857–58, 493.074 barrels. The shipments of flour, by steamers, were as follows :